Solana has become one of the most profitable cryptocurrencies of the day

Today, November 29, the cryptocurrency market added 2.4% to its capitalization and reached $ 1.43 trillion. Daily transactions with digital assets increased by 4.14% and exceeded $ 51.8 billion. Bitcoin BTC $95,868.83 Bitcoin -2.84% Market capitalization $1.9 trillion VOL. 24 hours $1.96 billion has a 52% market share and Ethereum ETH $3,374.79 Bridged Ether (StarkGate) -3.86% Market capitalization $0.3 billion VOL. 24 hours $0.9 billion - 17.3%. The Fear and Greed Index rose to 71 points.

Cryptocurrency experts particularly noted Solana (SOL) — the blockchain token by Anatoly Yakovenko managed to rise by almost 12% in a day. At the time of writing, SOL is trading at $ 61.49 with a market capitalization of $ 26 billion. Traders made daily trading deals worth $ 1.7 billion.

One of the reasons for the asset’s growth, crypto experts suggest, may be the prevalence of bullish sentiment aroundand its impressive price dynamics over the past few months. It is worth reminding that SOL has soared by 80% over the past month, reaching almost $ 70.

Another factor could be the sharp rise in the price of the Bonk meme token (BONK), which is based on the Solana blockchain. Yesterday, November 28, the token soared by 12% after the news that the KuCoin cryptocurrency exchange introduced the BONK/USDT trading pair. Over the past 24 hours, the meme-coin has risen by another 17%, which is a whopping 600% in 30 days.